lipo balancer q?

thanks a ton for replies metalman. now.. this is what I have:
http://www.starluckrc.com/catalog/pr...products_id=72

says that it monitors individual cell voltage.. if I used this every time I charged the packs, wouldn't that "balance" the cells? it'd charge each cell to the maximum voltage independently correct?
so if for whatever reason the cells became unbalanced durring discharge, when I went to charge it again using the PCM, it would charge each cell to the maximum voltage again, and therefore re-balance them.. correct?